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Frews
2021-02-18
Sounds interesting
As U.S. bond yields march higher, when should stock investors get worried?
Frews
2021-02-18
Interesting
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the 2018 Lion Air disaster in Indonesia and an Ethiopian Airlines crash the following year.</p>\n<p>Investigators said a main cause of both crashes was a faulty flight handling system known as the Maneuvering Characteristics Augmentation System, or MCAS.</p>\n<p>Meant to keep the plane from stalling as it ascends, the automated system instead forced the nose of the plane downward.</p>\n<p>Boeing was forced to revamp the system and implement new pilot training protocols.</p>\n<p>Commercial flights with the 737 MAX resumed on December 9 with Brazilian airline Gol, then in the US and Canada.</p>\n<p>The 737 MAX was a big hit with airlines, becoming Boeing's fastest-selling aircraft until its grounding in 2019. After the Covid-19 crisis decimated demand, airlines cancelled hundreds of the orders.</p>","source":"lsy1605843958005","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Boeing 737 MAX back in European skies</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; 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}\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nBoeing 737 MAX back in European skies\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-02-18 13:40 GMT+8 <a href=https://www.businesstimes.com.sg/transport/boeing-737-max-back-in-european-skies><strong>AFP</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>[BRUSSELS] The Boeing 737 MAX made its first commercial flight in Europe on Wednesday since being grounded for 22 months following two deadly crashes.\nBelgium's TUI fly said a 737 MAX was used on a ...</p>\n\n<a href=\"https://www.businesstimes.com.sg/transport/boeing-737-max-back-in-european-skies\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"BA":"波音"},"source_url":"https://www.businesstimes.com.sg/transport/boeing-737-max-back-in-european-skies","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1132808405","content_text":"[BRUSSELS] The Boeing 737 MAX made its first commercial flight in Europe on Wednesday since being grounded for 22 months following two deadly crashes.\nBelgium's TUI fly said a 737 MAX was used on a flight from Brussels to Alicante and then Malaga in Spain.\nThe flight took off at 0830 GMT and landed two hours later in Malaga, according to the site flightradar24.\nEurope's air safety regulator EASA approved the return of the 737 MAX on January 27, two months after the US regulator cleared the aircraft to resume operations.\nThe MAX was grounded in March 2019 after 346 people died in two crashes - the 2018 Lion Air disaster in Indonesia and an Ethiopian Airlines crash the following year.\nInvestigators said a main cause of both crashes was a faulty flight handling system known as the Maneuvering Characteristics Augmentation System, or MCAS.\nMeant to keep the plane from stalling as it ascends, the automated system instead forced the nose of the plane downward.\nBoeing was forced to revamp the system and implement new pilot training protocols.\nCommercial flights with the 737 MAX resumed on December 9 with Brazilian airline Gol, then in the US and Canada.\nThe 737 MAX was a big hit with airlines, becoming Boeing's fastest-selling aircraft until its grounding in 2019. After the Covid-19 crisis decimated demand, airlines cancelled hundreds of the orders.","news_type":1},"isVote":1,"tweetType":1,"viewCount":184,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":384154730,"gmtCreate":1613630737320,"gmtModify":1704882920157,"author":{"id":"3573681067716814","authorId":"3573681067716814","name":"Frews","avatar":"https://static.tigerbbs.com/19f2294fd9a1dbdbd8a4f6b0afd474f6","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3573681067716814","authorIdStr":"3573681067716814"},"themes":[],"htmlText":"Sounds interesting","listText":"Sounds interesting","text":"Sounds interesting","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/384154730","repostId":"1198406125","repostType":4,"isVote":1,"tweetType":1,"viewCount":128,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"hots":[{"id":384154730,"gmtCreate":1613630737320,"gmtModify":1704882920157,"author":{"id":"3573681067716814","authorId":"3573681067716814","name":"Frews","avatar":"https://static.tigerbbs.com/19f2294fd9a1dbdbd8a4f6b0afd474f6","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3573681067716814","authorIdStr":"3573681067716814"},"themes":[],"htmlText":"Sounds interesting","listText":"Sounds interesting","text":"Sounds interesting","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/384154730","repostId":"1198406125","repostType":4,"repost":{"id":"1198406125","weMediaInfo":{"introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"media_name":"Reuters","id":"1036604489","head_image":"https://static.tigerbbs.com/443ce19704621c837795676028cec868"},"pubTimestamp":1613630093,"share":"https://ttm.financial/m/news/1198406125?lang=&edition=fundamental","pubTime":"2021-02-18 14:34","market":"us","language":"en","title":"As U.S. bond yields march higher, when should stock investors get worried?","url":"https://stock-news.laohu8.com/highlight/detail?id=1198406125","media":"Reuters","summary":"NEW YORK, Feb 18 (Reuters) - As the benchmark 10-year Treasury yield hits its highest levels in a ye","content":"<p>NEW YORK, Feb 18 (Reuters) - As the benchmark 10-year Treasury yield hits its highest levels in a year, investors are gauging how high bond yields can rise before they threaten a stock rally that has seen the S&P 500 gain 76% from its March 2020 nadir.</p>\n<p>Bond yields plummeted to record lows after the Federal Reserve cut rates to near-zero in the early days of the coronavirus pandemic, driving money into stocks as investors preached TINA, an acronym for “there is no alternative.”</p>\n<p>With the 10-year yield hovering around 1.3%, that calculus could change for some investors, though there is little consensus on where that tipping point could be.</p>\n<p>A quick jump up in yields “is something that certainly poses a significant risk,” said Padhraic Garvey, head of research, Americas at ING.</p>\n<p>“What we don’t want to see in the very near term is (the 10-year yield) hitting 1.40%, 1.50% and still looking up,” he said, noting it could make equities seem less attractive than safe-haven Treasuries.</p>\n<p>Yields and stocks have risen together over the past year, on optimism that fiscal and monetary stimulus combined with a country-wide vaccination program will drag the U.S. economy out of its pandemic-induced downturn.</p>\n<p>But stocks could start losing their allure if the 10-year yield hit 2%, analysts at JPMorgan said. They expect, however, the 10-year will finish the year at 1.45%.</p>\n<p>“We believe that bond yields are likely to move higher from here, and that the move should be absorbed well by the equity market,” the bank’s analysts wrote in a note earlier this week.</p>\n<p>Citigroup put the tipping point for the 10-year at 1.7%, while Nomura said a 1.5% yield could spark a correction of as much as 8% in stocks.</p>\n<p>Higher yields could be a particular concern if they start to hit the big technology and communications stocks that powered markets higher for much of the last year. Tech and other growth stocks with longer duration cash flows are more sensitive to rising yields as those flows are discounted at higher rates.</p>\n<p>The five largest companies in the S&P 500 by market value - Apple, Microsoft, Amazon, Alphabet and Facebook - account for about 22% of the weight of the benchmark index.</p>\n<p>Still, the equity risk premium, which compares the earnings yield on stocks to the yield on the 10-year Treasury bond, currently favors equities, according to Keith Lerner, chief market strategist at Truist Advisory Services.</p>\n<p>When the equity risk premium historically has been at the level it was on Tuesday, the S&P 500 has beaten the one-year return for the 10-year Treasury note by an average of 3.5%, according to Lerner.</p>\n<p>“If the (earnings) rebound is as strong as is anticipated, then that would bolster the case for stocks,” Lerner said. (Reporting by Kate Duguid and Lewis Krauskopf; Additional reporting by Karen Brettell; Editing by Ira Iosebashvili and Richard Pullin)</p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>As U.S. bond yields march higher, when should stock investors get worried?</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nAs U.S. bond yields march higher, when should stock investors get worried?\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1036604489\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/443ce19704621c837795676028cec868);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Reuters </p>\n<p class=\"h-time\">2021-02-18 14:34</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>NEW YORK, Feb 18 (Reuters) - As the benchmark 10-year Treasury yield hits its highest levels in a year, investors are gauging how high bond yields can rise before they threaten a stock rally that has seen the S&P 500 gain 76% from its March 2020 nadir.</p>\n<p>Bond yields plummeted to record lows after the Federal Reserve cut rates to near-zero in the early days of the coronavirus pandemic, driving money into stocks as investors preached TINA, an acronym for “there is no alternative.”</p>\n<p>With the 10-year yield hovering around 1.3%, that calculus could change for some investors, though there is little consensus on where that tipping point could be.</p>\n<p>A quick jump up in yields “is something that certainly poses a significant risk,” said Padhraic Garvey, head of research, Americas at ING.</p>\n<p>“What we don’t want to see in the very near term is (the 10-year yield) hitting 1.40%, 1.50% and still looking up,” he said, noting it could make equities seem less attractive than safe-haven Treasuries.</p>\n<p>Yields and stocks have risen together over the past year, on optimism that fiscal and monetary stimulus combined with a country-wide vaccination program will drag the U.S. economy out of its pandemic-induced downturn.</p>\n<p>But stocks could start losing their allure if the 10-year yield hit 2%, analysts at JPMorgan said. They expect, however, the 10-year will finish the year at 1.45%.</p>\n<p>“We believe that bond yields are likely to move higher from here, and that the move should be absorbed well by the equity market,” the bank’s analysts wrote in a note earlier this week.</p>\n<p>Citigroup put the tipping point for the 10-year at 1.7%, while Nomura said a 1.5% yield could spark a correction of as much as 8% in stocks.</p>\n<p>Higher yields could be a particular concern if they start to hit the big technology and communications stocks that powered markets higher for much of the last year. Tech and other growth stocks with longer duration cash flows are more sensitive to rising yields as those flows are discounted at higher rates.</p>\n<p>The five largest companies in the S&P 500 by market value - Apple, Microsoft, Amazon, Alphabet and Facebook - account for about 22% of the weight of the benchmark index.</p>\n<p>Still, the equity risk premium, which compares the earnings yield on stocks to the yield on the 10-year Treasury bond, currently favors equities, according to Keith Lerner, chief market strategist at Truist Advisory Services.</p>\n<p>When the equity risk premium historically has been at the level it was on Tuesday, the S&P 500 has beaten the one-year return for the 10-year Treasury note by an average of 3.5%, according to Lerner.</p>\n<p>“If the (earnings) rebound is as strong as is anticipated, then that would bolster the case for stocks,” Lerner said. (Reporting by Kate Duguid and Lewis Krauskopf; Additional reporting by Karen Brettell; Editing by Ira Iosebashvili and Richard Pullin)</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1198406125","content_text":"NEW YORK, Feb 18 (Reuters) - As the benchmark 10-year Treasury yield hits its highest levels in a year, investors are gauging how high bond yields can rise before they threaten a stock rally that has seen the S&P 500 gain 76% from its March 2020 nadir.\nBond yields plummeted to record lows after the Federal Reserve cut rates to near-zero in the early days of the coronavirus pandemic, driving money into stocks as investors preached TINA, an acronym for “there is no alternative.”\nWith the 10-year yield hovering around 1.3%, that calculus could change for some investors, though there is little consensus on where that tipping point could be.\nA quick jump up in yields “is something that certainly poses a significant risk,” said Padhraic Garvey, head of research, Americas at ING.\n“What we don’t want to see in the very near term is (the 10-year yield) hitting 1.40%, 1.50% and still looking up,” he said, noting it could make equities seem less attractive than safe-haven Treasuries.\nYields and stocks have risen together over the past year, on optimism that fiscal and monetary stimulus combined with a country-wide vaccination program will drag the U.S. economy out of its pandemic-induced downturn.\nBut stocks could start losing their allure if the 10-year yield hit 2%, analysts at JPMorgan said. They expect, however, the 10-year will finish the year at 1.45%.\n“We believe that bond yields are likely to move higher from here, and that the move should be absorbed well by the equity market,” the bank’s analysts wrote in a note earlier this week.\nCitigroup put the tipping point for the 10-year at 1.7%, while Nomura said a 1.5% yield could spark a correction of as much as 8% in stocks.\nHigher yields could be a particular concern if they start to hit the big technology and communications stocks that powered markets higher for much of the last year. Tech and other growth stocks with longer duration cash flows are more sensitive to rising yields as those flows are discounted at higher rates.\nThe five largest companies in the S&P 500 by market value - Apple, Microsoft, Amazon, Alphabet and Facebook - account for about 22% of the weight of the benchmark index.\nStill, the equity risk premium, which compares the earnings yield on stocks to the yield on the 10-year Treasury bond, currently favors equities, according to Keith Lerner, chief market strategist at Truist Advisory Services.\nWhen the equity risk premium historically has been at the level it was on Tuesday, the S&P 500 has beaten the one-year return for the 10-year Treasury note by an average of 3.5%, according to Lerner.\n“If the (earnings) rebound is as strong as is anticipated, then that would bolster the case for stocks,” Lerner said. (Reporting by Kate Duguid and Lewis Krauskopf; Additional reporting by Karen Brettell; Editing by Ira Iosebashvili and Richard Pullin)","news_type":1},"isVote":1,"tweetType":1,"viewCount":128,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":384157242,"gmtCreate":1613630867986,"gmtModify":1704882921471,"author":{"id":"3573681067716814","authorId":"3573681067716814","name":"Frews","avatar":"https://static.tigerbbs.com/19f2294fd9a1dbdbd8a4f6b0afd474f6","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3573681067716814","authorIdStr":"3573681067716814"},"themes":[],"htmlText":"Interesting","listText":"Interesting","text":"Interesting","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/384157242","repostId":"1132808405","repostType":4,"isVote":1,"tweetType":1,"viewCount":184,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"lives":[]}
